Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
The Education of Millionaires: It's Not What You Think and It's Not Too Late Hardcover – September 29, 2011
Customers who bought this item also bought
What other items do customers buy after viewing this item?
"Success in the twenty-first century depends on street smarts, not book smarts. It has to do with your motivation, network, passion, and ability to make other believe in you. You'll learn stuff in college, but you won't develop these skills-which are requisite for success in life. Whether you go to college or not, The Education of Millionaires will help you learn what it takes to succeed in today's entrepreneurial economy." — Dale J. Stephens, founder of Uncollege.org
"Michael Ellsberg's book is provocative and wise. Tuition is skyrocketing, job prospects are grim, and the race for bogus credentials has turned into a runaway status competition for positional goods. The Education of Millionaires offers a renegade path for anyone who wants vital skills without the crushing burden of student debt." — Peter Thiel, co-founder of PayPal, creator of the Thiel Fellowship
"Your success in a knowledge society depends on mastery of soft skills and practical intelligence-and yet they don't show up in college or high school curriculums. Ellsberg's rebellious book provides a street-smart education to fill the gap." — Keith Ferrazzi, author of #1 NY Times bestseller Who's Got Your Back
"As Michael so aptly explains in this delightful read: your education starts in the crib and ends when you take your final breath. In a fully realized life, it is all about lifelong learning." — Lynda Resnick, vice chairman of Roll International, Teleflora, and PomWonderful
"Self-education is the key to upgrading your mind and your life. Michael's book teaches you how to unlock the education available outside of classes, all around you." — Matt Mullenweg, creator of WordPress.org
"This book is a masterpiece. Gripping and whip-smart, The Education of Millionaires will forever revolutionize your thoughts on the connection between education, career success and prosperity. Ellsberg is careful to avoid 'motivational fluff' and instead provides mind-blowingly sharp (and humorous) brass-tacks advice on how to profit handsomely by becoming a lifelong learner." — Jenny Blake, author of Life After College
"If entrepreneurs were running schools, instead of bureaucrats, schools would be teaching a lot more of the skills and mindsets found in this book. Since they're not, this book is a necessary antidote to a traditional college education." — Scott Banister, founder of IronPort Systems, Banister Capital
"This is the must read of the next era of education. This one book could be all the education you ever need to massively outperform even the Ivy League. The secrets contained are brilliant and simple to adopt." — Cameron Herold, author of Double Double, former COO of 1-800-GOT- JUNK?
"Just like the entrepreneurs he highlights in his book, Ellsberg challenges the conventional wisdom of what it takes to make it in this world. If you have an idea and the drive, nothing can stop you. And Ellsberg proves it." — Simon Sinek, author of Start With Why
"You don't need a degree to live life on your own terms: you need economically valuable skills. Ellsberg's book is the blueprint for entrepreneurial education." — Josh Kaufman, author of The Personal MBA
"Provocative and timely, Ellsberg lays bare what he sees as a giant hole in much of traditional education-a focus on 'academic' knowledge and a de-emphasis on the knowledge and skills necessary to actually succeed in life. Drawing from a wealth of interviews with successful entrepreneurs, he hones in on seven key success skills that help put you back in the driver's seat." — Jonathan Fields, author of Uncertainty
Browse award-winning titles. See more
If you are a seller for this product, would you like to suggest updates through seller support?
Top Customer Reviews
The author offers compelling arguments for how university education can sometimes be an impractical investment in life. Alternative skills that the author postulates can't be learned in university, are offered up as more useful endeavors for becoming wealthy and successful (or whatever the hell people think are worthwhile goals these days). These skills are backed up with case studies citing real world examples of people who have succeeded either without or irrespective of a university degree.
Although the author makes good points (in fact, university or not I think it's incredibly useful to train in the specific skills he mentions) I was not left completely convinced. The author is very enthusiastic but the apparently pitch-perfect narrative around his case (ie: "education always bad, not going to school but do "real stuff" (whatever that is) is invariably better" which is obviously super simplistic) could suggest it's much more storytelling than rigorous analysis in some cases. The book in general relies heavily on anecdotal stories around "lived experiences" for seemingly a select few non-educated who succeeded against all odds (predictably for this kind of book, the sob-and-underdog-stories around the people in the case studies are piled on). Lived experiences can be important, but in this case the stories seem very optimistic (in some cases like they were destined to succeed) probably ignoring the risks and personal struggles around their path to riches (and also it feels sometimes like the author is retrospectively "pidgeonholing" their success stories to fit around the skills he proposes for success without taking external factors or serendipity into account).
All in all an interesting read, and despite my 3 stars, could be a recommended buy to read about the proposed alternative skills for own self-development, and to challenge yourself on what skills did your university education actually provide you. However it would be good to have a book around this subject that treated it less like a sales pitch and was more realistic about the real risks and pitfalls of not having formal education, be it university or a vocational degree.
I feel so benefited by the fact that I never took an undergraduate marketing class, and instead read this book, got out in the real world, and practiced with an open mind. The people I know who did take marketing classes seem to believe in ridiculous rules (one I often hear is, "you have to tell someone about something seven times for them to buy it") that professors told them. If you know good marketing tactics and can do them well, you can tell a customer about something one time, with one impression, and get a buy from them.
It's the little, simple tips that Ellsberg articulates that will help you most. For instance: When marketing something, think about the need of the customer that you are selling to. That tip alone is worth the purchase price, and probably more practical than anything you would get in a traditional academic education about marketing.
Some objections I have read from other reviewers suggest that the book is a bit sleazy, and that Ellsberg is shamelessly promoting other entrepreneurs. This book is anything but sleazy. In fact, Ellsberg distinguishes between unethical and ethical marketing, with a very clear and helpful social message: do not push your product on someone who does not need, want, or have interest in it. The reason most people hate salespeople is because they think of telemarketers who lie to you claiming you've "signed up to hear about their product" or door-to-door salesmen who try up-front to sell you something without actually thinking about what you need and want, and whether or not their product fits that.
There are plenty of other tips in here: how to build a brand for yourself instead of a resume, how to sell, how to lead, how to network with helpful mentors. Ellsberg really is scratching college graduates where they most itch, so I strongly recommend this book, along with a couple of other great books - SPIN Selling by Neil Rackham, and Think & Grow Rich by Napoleon Hill, to anyone who wants to take charge of their own destiny by learning business technique, as opposed to business theory or business rules.
Most Recent Customer Reviews
I was skeptical because it had a few negative reviews. But that makes sense since the idea of not going to college is still radical to most...Read more